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Category Archives: Cryptocurrency

Here’s why the Bitcoin Cash (BCH) price has just gone parabolic

Bitcoin Cash price has been in a strong bullish trend in the past few days. The coin has surged by over 150% from the lowest level in May. This rally is being supported by the Bitcoin ETF applications. Bitcoin Cash price continued surging on Monday

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Bitcoin’s correlation with Nasdaq 100 falls to 3-year low

Bitcoin’s correlation with the Nasdaq 100 has fallen to just 3% in June, down from the overall 60% in 2022. BTC price has outperformed the stock index year-to-date and over the past year. Bitcoin price jumped to a year high last week after news of

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JPMorgan analyst sees ‘conditional’ upside to $45,000 in Bitcoin

Nikolaos Panigirtzoglou says BTC should be trading at $45,000. His forecast is based on gold that’s currently near the $2,000 level. Despite recent weakness, Bitcoin is up more than 60% year-to-date. Nikolaos Panigirtzoglou – a JPMorgan analyst remains bullish on Bitcoin even though it has

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Report: Bitcoin mining stocks – extreme volatility and underperforming Bitcoin

Key Takeaways Bitcoin mining stocks have traded with significantly more volatility than Bitcoin itself Mining stocks have underperformed, as rising energy costs and increased competition has cut into profits Miners also overleveraged during the pandemic, purchasing new equipment with debt and holding onto Bitcoin stashes

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MicroStrategy is better than Coinbase for crypto exposure: Berenberg

Berenberg analysts sees upside in MicroStrategy to $340. They explain their bullish view in a recent research note. Coinbase stock has a “hold” rating only at Berenberg. MicroStrategy Inc is a better pick for exposure to cryptocurrencies than Coinbase Global Inc, as per the Berenberg

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